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Roto-Die to Join the Formtek Family

Thursday, June 13, 2013
 
Formtek Inc., Cleveland, OH, has agreed to purchase Roto-Die, Inc., also based in Cleveland. Roto-Die manufactures hydraulic press brakes from 60- to 144-in. capacity; www.roto-die.com/. Formtek’s metalforming-equipment manufacturing  brands include Iowa Precision, Lockformer, Engel, Lion and ISM; www.formtekgroup.com/.

Boeing Awards Metal Distributor Supplier of the Year

Wednesday, June 12, 2013
 
TW Metals, Inc., Exton, PA, earned Supplier of the Year recognition from The Boeing Company, in the Common Aerospace Commodities category—one of 16 companies honored for distinguished performance in working with Boeing. The metal distributor supplies extrusions, fittings, pipe, tube, sheet and other products in several materials including mild, alloy and stainless steels, and aluminum and nickel alloys. It delivers to Boeing production facilities several times per day using a just-in-time cut-to-length program; www.twmetals.com/.

Acquisition Marries Pacific Press and Multipress

Wednesday, June 12, 2013
 
Quality Products, Inc., parent company of hydraulic-press manufacturer Multipress, Columbus, OH, has acquired Pacific Press Technologies, Mt. Carmel, IL. Pacific Press manufactures high-tonnage presses as well as press brakes and shears; www.pacific-press.com/. Multipress’ lineup includes small- to midsized bench, floor, four-post and custom-engineered presses; www.multipress.com/.

 

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